Infrastructure/Back-end

The insurance sector is witnessing a paradigm shift as carriers move beyond conventional loss control surveys to embrace service-oriented strategies. This evolution is fueled by the understanding that proactive engagement through service plans significantly bolsters customer relationships and retention rates.

Cytora, a leading digital risk processing platform, has formed a strategic partnership with Xapien, an innovative company known for its AI-powered due diligence capabilities.

Wisedocs, an innovative leader in the InsurTech sector, recently received a significant financial boost. CIBC Innovation Banking has extended $4.5m CAD in growth capital financing.

Gradient AI, a foremost provider of AI solutions in the InsurTech sector, has successfully raised $56.1m in a Series C funding round.

Akur8 and Mutual Capital Analytics have announced a strategic partnership aimed at transforming insurance pricing through advanced, AI-driven technologies.

Ushur, the leader in AI-powered Customer Experience Automation™ (CXA), has announced the launch of its prebuilt AI-powered automation solution.

Discover how Symfa is revolutionising CPP modernisation for an insurance giant by leveraging API-led connectivity and OutSystems. Tatiana Smolenchuk, Software Developer at the firm delves into the innovative strategies and insights from this ambitious digital transformation project, showcasing the power of modern technology in reshaping the insurance landscape.

Howden Re, the reinsurance and risk advisory arm of Howden, and Moody’s, a global credit rating, research, and risk analysis firm, have launched a new three-month reciprocal early careers talent exchange programme.

In the high-pressure world of insurance underwriting, falling into autopilot is an easy yet dangerous trap. This risk is heightened when underwriters face a continuous stream of similar accounts, leading to quick decision-making that might overlook critical details.

MAPFRE RE, a global reinsurance company, has received official approval from the National Financial Regulatory Administration of the People’s Republic of China to open a new branch in Beijing.